Unofficial transfer (c) Soyuzpravoinform LLC

LAW OF THE AZERBAIJAN REPUBLIC

of July 14, 2025 No. 245-VIIQD

About introduction of amendments to the Law of the Azerbaijan Republic "About budget system"

Millie Majlis of the Azerbaijan Republic, being guided by Item 15 of part I of article 94 of the Constitution of the Azerbaijan Republic, decides:

In the Law of the Azerbaijan Republic "About budget system" (The collection of the legislation of the Azerbaijan Republic, 2002, No. 10, Article 584 (volume I); 2025, No. 1, Article 6) to make the following changes:

1. Under Article 1:

1.1. To exclude the words "relevant organs of the executive authority and" from Article 1.1.6;

1.2. Add with Article 1.1.12-5 of the following content:

"1.1.12-5. dividends - the payment made in the government budget from the net profit got as a result of activities of the state companies";

1.3. To exclude the words "central both local executive bodies and their structural divisions" from Article 1.1.24;

1.4. At the end of Article 1.1.37 to replace point with semicolon, to add Article 1.1.38 of the following content:

"1.1.38. the long-term period - the period covering five or more years".

2. In Article 5.4 of the word "included in their income next budget year" shall be replaced with words "are transferred to free balance of the single treasurer account".

3. Under Article 9:

3.1. State Article 9.1.3 in the following edition:

"9.1.3. dividends;";

3.2. Add with Article 9.1.3-1 of the following content:

"9.1.3-1. other income".

4. Under Article 10:

4.1. Under Article 10.1:

4.1. Exclude the words "interest payment" from Article 10.1.1;

4.1.2. In Article 10.1.2 of the word "and share acquisition" shall be replaced with words "share acquisition and participation in projects";

4.1.3. State Article 10.1.3 in the following edition:

"10.1.3. debt maintenance expenses";

4.2. In the second offer of Article 10.3 after the words "18.4" to add the word "18.4-1".

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info